Prohibiting late fees for self-storage units.

A Local Law to amend the administrative code of the city of New York, in relation to prohibiting late fees for self-storage units

This bill would prohibit the imposition of late fees for self-storage units. Violations of the prohibitions in this bill would be subject to civil penalties of up to $1,000. The Corporation Counsel would be empowered to enforce the bill’s provisions by instituting civil action against self-storage facilities in violation, and by conducting investigations pursuant to such civil action.